Mcnab Pension LLC (New York City)

Mcnab Pension LLC is a large advisory firm based in New York City. It manages $636.82 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2019.

Mcnab Pension provides portfolio management for mcnab pension llp. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mcnab Pension: assets under management

The assets under management (AUM) of Mcnab Pension LLC is $636.82 million. The firm's AUM has grown by 1% since the beginning of its operation, and $636.82 million of the total AUM is attributable to clients outside of the United States.

The firm manages $636.7 million in discretionary accounts and $127.45 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $212.23 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $127.45 thousand.

Investments

The firm invests in cash and cash equivalents the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mcnab Pension LLC for their services and products based on fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mcnab Pension serves?

The only and largest group of clients of Mcnab Pension is other investment advisers with 1 clients and $636.82 million of assets under management. Among the 8 most similar advisory firms, Mcnab Pension has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $636.82 million for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

Mcnab Pension also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Mcnab Pension LLC

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mcnab Pension Llp	Direct owner	1 Oct 2018	75% - 100%	289951
Edward Charles Lee	Partner and chief compliance officer	1 Oct 2018	Other	6855849

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Edward Charles Lee	Partner	1 Jun 2017	Other	6855849
Jason Mark Robert Mcnab	Partner	1 Jun 2017	75% - 100%	5141104

Based in New York City

The principal office where Mcnab Pension LLC performs its advisory services is located at 340 Madison Avenue, New York City, NY 10173, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-220-9237. The normal business hours are 9:00am - 5:30pm on Monday - Friday.